News Editor

Trying to profit amid the complex web of regulations and pricing involved in Medicare is challenging enough. But a recent management shake-up at Walgreen Co. shows that it isn’t just risky for the bottom line—it can be hazardous for a finance chief’s career as well.

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A little known fact is that Walgreens lost the Preferred Pharmacy contract status with Blue Cross/Blue Shield, specifically its Medicare Advantage and Pt. D programs, at the first of the year, and so customers were pushed towards Walmart & CVS at the BCBS Amarillo call center that I worked at.

Nearly across the board, mid-market executives are hiring new employees, buying new technology solutions, acquiring businesses to reach new markets and preparing IPOs, according to a Deloitte survey of more than 500 mid-market executives. But companies are running up against a number of constraints as they seek to expand, particularly in acquiring and retaining skilled talent.